SANTA BARBARA, Calif. – Oct. 31, 2018 – QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB), a leading provider of flexible, cloud-based enterprise software and services for global manufacturing companies, today announced the availability of Production Orders 3.0 with QAD Cloud ERP. This latest version of Production Orders is compatible with QAD's Channel Islands UX and includes enhancements to QAD Master Planning and Scheduling Workbenches (MSW/PSW).
"Production Orders enables QAD customers to further streamline manufacturing processes and increases production agility with processes tailored by item or resource requirements," said Bill Keese, senior vice president of research and development for QAD. "The new Production Orders capabilities allow our customers to perform their production activities from one menu, using a unified set of functions. They can pick and choose the functions that best fit their specific manufacturing processes and access them from a single menu."
QAD Production Orders, which debuted in 2017, allows manufacturers to manage and monitor manufacturing and shop floor operations with a single, centralized solution. Using Production Orders, manufacturers can assess productivity and material availability issues quickly, while better meeting customer requirements, through improved visibility and transparent production management. Integration with QAD Automation Solutions lets manufacturers further optimize production processes, accurately capture production data, automate flexible picking policies and print labels according to manufacturer, supplier and/or customer formats.
The latest version of QAD Production Orders features more base QAD Automation Solutions (AS) transaction templates and multiple improvements to:
- The Master Planning and Scheduling Workbench (MSW/PSW)
- The activities preparing production and managing material supplies toward production lines and work centers
- The capture of production activities
- Production cost accounting
QAD Production Orders is completely integrated with QAD Cloud ERP and with QAD's on-premise ERP solution, QAD Enterprise Applications, making it easy to implement best practices across manufacturing, supply chain and financial operations. Using QAD Production Orders, manufacturers can:
- Increase agility, flexibility and ease of use managing production processes by item or resource
- Reduce manufacturing bottlenecks within the production process
- Improve scheduling and resource allocation across plant locations
- Reduce rework and scrap
- Gain comprehensive visibility from raw material availability to customer order picking
- Reduce manual processes and improve efficiency
- Streamline material replenishment for production
- Improve accuracy and control over the production order pick process
About QAD – The Effective Enterprise
QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB) is a leading provider of flexible, cloud-based enterprise software and services for global manufacturing companies. QAD Cloud ERP for manufacturing supports operational requirements in the areas of financials, customer management, supply chain, manufacturing, service and support, analytics, business process management and integration. QAD's portfolio includes related solutions for quality management software, supply chain management software, transportation management software and B2B interoperability. Since 1979, QAD solutions have enabled customers in the automotive, consumer products, food and beverage, high tech, industrial manufacturing, and life sciences industries to better align operations with their strategic goals to become Effective Enterprises.
To learn more, visit www.qad.com or call +1 805-566-6000.
"QAD" is a registered trademark of QAD Inc. All other products or company names herein may be trademarks of their respective owners.
Note to Investors: This press release contains certain forward-looking statements made under the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding projections of revenue, income and loss, capital expenditures, plans and objectives of management regarding the company's business, future economic performance or any of the assumptions underlying or relating to any of the foregoing. Forward-looking statements are based on the company's current expectations. Words such as "expects," "believes," "anticipates," "could," "will likely result," "estimates," "intends," "may," "projects," "should," "would," "might," "plan" and variations of these words and similar expressions are intended to identify these forward-looking statements. A number of risks and uncertainties could cause actual results to differ materially from those in the forward-looking statements. These risks include, but are not limited to: risks associated with our cloud service offerings, such as defects and disruptions in our services, our ability to properly manage our cloud service offerings, our reliance on third-party hosting and other service providers, and our exposure to liability and loss from security breaches; demand for the company's products, including cloud service, licenses, services and maintenance; pressure to make concessions on our pricing and changes in our pricing models; protection of our intellectual property; dependence on third-party suppliers and other third-party relationships, such as sales, services and marketing channels; changes in our revenue, earnings, operating expenses and margins; the reliability of our financial forecasts and estimates of the costs and benefits of transactions; the ability to leverage changes in technology; defects in our software products and services; third-party opinions about the company; competition in our industry; the ability to recruit and retain key personnel; delays in sales; timely and effective integration of newly acquired businesses; economic conditions in our vertical markets and worldwide; exchange rate fluctuations; and the global political environment. For a more detailed description of the risk factors associated with the company and factors that may affect our forward-looking statements, please refer to the company's latest Annual Report on Form 10-K and, in particular, the section entitled "Risk Factors" therein, and in other periodic reports the company files with the Securities and Exchange Commission thereafter. Management does not undertake to update these forward-looking statements except as required by law.